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lukey6967 lukey6967
  • 27-05-2024
  • Mathematics
Answered

Devon has a $1000 bond with a 6% coupon. The yield of the bond is 5.8%. What is the bid price for the bond?
A. $1015.00
B. $1034.00
C. $1048.00
D. $1045.00

Verified Answer :

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